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Saudi Arabian online payment platform HyperPay eyes expansion in Egypt
Saudi Arabian e-payments company HyperPay is planning to expand in the Egyptian market, Chairman Abdullah Altamami told Zawya, without providing…
Banking + Finance
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FRA grants Elite Financial first financial advisor license since introducing new regs
The Financial Regulatory Authority has granted Elite Financial Consultancy the first license as an independent financial advisor since introducing new…
KarmSolar signs EGP 230 mn loan agreement with Banque Misr
KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO…
ADIB Capital considers arranging EGP 1.1 bn loan for El Ezaby
ADIB Capital is considering arranging and marketing a EGP 1.1 bn loan for El Ezaby Pharmacies, banking sources told Al…
Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE
The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt…
Banque Misr mulls USD 300 mn loan to DP World for Ain Sokhna port expansion
Banque Misr could extend a seven-year, USD 300 mn loan to the UAE’s DP World to part-fund the expansion of…
ELAB to obtain EGP 1 bn syndicated loan led by the National Bank of Egypt
The National Bank of Egypt (NBE) is acting as lead arranger for a EGP 1 bn, seven-year syndicated loan for…
National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction
The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon…
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